| ^^^ Norts, I never agreed with the move to the Euro. The EU economies were and are too different, especially Italy.
I take it when this blogger is talking about inflation, he is talking about increasing interest rates to stifle inflation? I think we're looking at stagflation at the least if not a global recession or even depression.
Anyhow, the greenback seems to be holding its own, strengthening against the Euro and other currencies, especially important to me, the C$. This is interesting as US interest rates are so low (altho other countries' rates are down, too).
Unless foreigner govts, etc, start fleeing the Treasuries market, the US$ should be OK, IMO. |